NOT LISTED FOR SALE

1 Lighthouse Ln Unit 3 Third Lake, IL 60030

Estimated Value: $453,000 - $509,000

4 Beds
3 Baths
2,546 Sq Ft
$187/Sq Ft Est. Value

Last Sold July 22, 2020

Last sale price $349,900 $137 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,541/month

21 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wood Flooring
  • Grayslake North High School Rated A
  • Vaulted Ceiling
  • Corner Lot

About This Home

As of July 2020

Drone video found online. Mariners Cove, It's a lifestyle! This heavily updated and luxurious home sits on a spacious lot on the most popular street in the neighborhood and is surrounded by large custom homes only found on Mainsail Drive. Eye candy from the moment you walk through the front door. The sellers have spared no expense. For sports enthusiast! You will enjoy the best of both worlds. Enjoy amazing fishing, swimming, boating, wind sailing, jet skiing. This dual Lakeside community offers access to both Third Lake and Druce Lake. Included features: Double hung low E Thermal Pane Feldco replacement windows. 2" composite, Kirsch blinds on all windows. FOYER: 34" tongue & grove oak flooring w/Glitsa finish. GOURMET KITCHEN: Norcraft Cabinets including two 30" full height pantry cabinets, garbage & recycling pull-out, many drawers, 3 cm Prada Gold granite countertops , 4' X 7' island with Franke Kindred Stainless Steel prep-sink with Delta High-Rise Pull Down faucet and Insinkerator garbage disposal, 2 Chadwick Pendant lights in oiled bronze finish over island Big 30" X 20" X 10" deep Franke Kindred stainless steel farm sink with Delta High-Rise Pull Down faucet and Insinkerator garbage disposal, 36" Verona dual fuel professional style range, Two 6,000 BTU burners, Two 12,000 BTU burners, One 16,000 BTU burners, Single oven, 36" Best brand Stainless Steel range hood by Broan with 8" duct, 30" KitchenAid Superba Architect Series Stainless Steel built in Convection Microwave double oven, 36" 25 cu. Ft. KitchenAid Stainless Steel French Door refrigerator with ice maker and water filter and dispenser inside, KitchenAid Voyager Tall Tub Stainless Steel dishwasher, Oak hardwood flooring refinished with Glitsa finish. Kitchen Dining Area, Bay Window, Oak hardwood flooring refinished with Glitsa finish, Unique chandelier. FAMILY ROOM, Custom Sound cabinets and fireplace mantel with recess for television - faced with 12" x 24" travertine tiles, Thermo-Rite tempered glass fireplace door enclosure,15 pane glass Double French Doors between Family Room and Living Room,3/4" tongue & groove Brazilian Cherry hardwood flooring ,Juno 4" directional recessed lights to accent beautiful mantle wall on dimmer switch, Feldco Sophia series replacement patio door. LIVING ROOM, open floor plan to foyer and family room, Brazilian cherry wood flooring, Bay window, French doors open to family room. DINING ROOM, Brazilian Cherry 3/4 inch hardwood tongue & groove flooring, Track lighting plus central light 15 light French door to foyer. FIRST FLOOR LAUNDRY/Rear Entry, Extra cabinet and counter space, Travertine flooring. POWDER ROOM, Prada Gold granite vanity top on 36" Brookline cabinet, White Kohler Undermount Sink, Delta widespread faucet, Toto toilet, Travertine flooring. Brazilian cherry hardwood in 1 bedroom. HALL BATHROOM,3 cm Antique Persia granite vanity top on 60" Norcraft vanity cabinets - 36" height, Double Kohler undermount vanity sinks, Rose Jade Marble floor and Marble tub surround with rain head shower, Large linen closet. MASTER BEDROOM, Bay Window, Tray Ceiling, Extra Closet. MASTER BATH The master bathroom defies description - it must be seen. Large, custom designed luxury master bath, Double sinks, glass top on unique75" Continental vanity cabinet by Art Bathe, Travertine floors, and shower and tub surround, Delta shower hardware with Rain Head shower head, Large corner soaking tub with Delta Roman Tub Filler, Hanging pendant lighting over vanity and directional canned lighting throughout, All lights on dimmer switches, walk in closet, skylight. EXTERIOR. Newer Sliding patio door, Basement Window Well Covers, Chimney cap, Brick paver walkway, Newer Cedar Deck , Exterior Paint whole house, New Driveway, Kitchen Garden area maintained organic for 10+ years, FULL PARTIALLY FINISHED BASEMENT with an immense amount of storage. Home warranty being provided by seller to buyer. Buy with confidence.

Last Agent to Sell the Property

Jay Reid

HomeSmart Connect LLC License #471006747 Listed on: 05/19/2020

HomeSmart Connect LLC

Last Buyer's Agent

Anne Jacobs

Baird & Warner License #475172200

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,613

Year Built

  • 1988

Lot Details

  • 10,454

HOA Fees

  • $13 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Colonial Architecture
  • Cedar

Interior Spaces

  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Dining Area
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Built-In Double Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Garden Bath
  • European Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Deck
  • Corner Lot

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,613

Year Built

1988

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Colonial
  • Type Detached: 2 Stories
  • Estimated Year Built: 1988
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, 1st Floor Laundry, Walk-In Closet(s)
  • Number Of Rooms: 9
  • Living Room: Dimensions: 17X14, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven-Double, Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances, Oven/Built-in, Range Hood
  • Equipment: TV-Cable
  • Fireplace Details: Wood Burning, Gas Starter
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Garden Tub, European Shower
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 8X7, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Dining Room: Dimensions: 14X11, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 16X16, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Closet
  • Additional Rooms: Eating Area, Foyer
  • Master Bedroom: Dimensions: 22X14, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 1 Name: Eating Area, Dimensions: 15X9, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 2 Name: Foyer, Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 14X14, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 3: Dimensions: 14X9, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 11X11, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 2546
  • Dining Room Type: Separate
  • Family Room: Dimensions: 16X15, On Level: Main Level, Flooring: Hardwood, Windows: Blinds

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Cedar
  • Exterior Property Features: Deck
  • Acreage: 0.24

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Association Fees: 150
  • Management Contact Name: marinerscovethirdlake@gmail.com
  • Management Phone: 999-999-9999

Fee Information

  • Management Company: Mariners Cove Neighborhood

Schools

  • School District: 127
  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 67 X 120 X 160 X 70
  • Lot Description: Corner
  • Parcel Identification Number: 06242040610000

Tax Info

  • Taxes: 10708.38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2020
Closed on
Jul 22, 2020
Sold by
Schmid John C and Schmid Holly
Bought by
Perlenfein Tyler and Thorn Elizabeth
Seller's Agent
Jay Reid
HomeSmart Connect LLC
Buyer's Agent
Anne Jacobs
Baird & Warner
List Price
$349,900
Sold Price
$349,900
Total Days on Market
21
Current Estimated Value
$474,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,951
Avg. Annual Appreciation
6.38%
Original Mortgage
$279,900
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2003
Sold by
Schlagatter David B and Schlagatter Ann C
Bought by
Schmid John C and Schmid Holly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,600
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 1994
Sold by
Associates Relocation Management Co Inc
Bought by
Schlagetter David B and Schlagetter Ann C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
8.08%

Purchase Details

Closed on
Mar 12, 1994
Sold by
Walczak James R and Walczak Margaret T
Bought by
Associates Relocation Management Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
8.08%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Perlenfein Tyler $350,000 First American Title
Schmid John C $292,500 Wheatland Title
Schlagetter David B $236,000 Chicago Title Insurance Co
Associates Relocation Management Co Inc $82,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perlenfein Tyler $279,900
Previous Owner Schmid John C $66,000
Previous Owner Schmid Holly $146,500
Previous Owner Schmid Holly $236,000
Previous Owner Schmid Holly A $249,000
Previous Owner Schmid John C $40,000
Previous Owner Schmid John C $40,000
Previous Owner Schmid John C $40,000
Previous Owner Schmid John C $248,600
Previous Owner Schlagetter David B $103,000
Previous Owner Schlagetter David B $179,000
Previous Owner Schlagetter David B $170,000
Previous Owner Schlagetter David B $182,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2020 07/22/20 Sold $349,900 0.0% $137 / Sq Ft
06/09/2020 06/09/20 Pending -- -- --
05/19/2020 05/19/20 For Sale $349,900 -- $137 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,613 $120,589 $27,582 $93,007
2023 $11,777 $105,404 $24,109 $81,295
2022 $11,777 $112,011 $14,334 $97,677
2021 $11,668 $107,661 $13,777 $93,884
2020 $11,103 $102,436 $13,108 $89,328
2019 $10,708 $98,279 $12,576 $85,703
2018 $12,594 $114,194 $19,324 $94,870
2017 $12,524 $107,416 $18,177 $89,239
2016 $12,654 $99,156 $16,779 $82,377
2015 $12,349 $90,587 $15,329 $75,258
2014 $11,395 $83,978 $11,833 $72,145
2012 $11,185 $87,705 $12,358 $75,347
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10720744

Midwest Real Estate Data (MRED)

APN: 06-24-204-061